You Should Understand The Low-Risk Merchant

Posted by Merchant Stronghold on November 16th, 2018

As more businesses of all sizes enter the market, banks and financial institutions categorize each business according to a risk level. There are low risk, medium risk, and high-risk businesses determined by a set of factors. Merchant Stronghold has worked with low-risk businesses for over 10 years, helping them to secure the best merchant rates and credit card payment processing options for their business needs.
 
Prior to applying for a merchant account, you should know whether your business comes under low-risk. Reason being, merchants in our payment processing world come under low-risk, medium-risk, and high-risk categories. various factors collectively decide the risk category for a specific business. For a case, while exploring the business it is inspected that how much risk is engaged with the business, what is their risk level, which is the nation wherein they got joined and their processing history and so on…
What are you looking for in a low-risk merchant account?
  • Affordability
  • Point of Sale and E-Commerce Solutions
  • Fast approval
  • All Major Credit Cards
The following criteria is a perfect match for any business that falls within the low-risk category –
  • Monthly Processing amount lower than ,000 is processed by you.
  • The average size of ticket that you posses is lower than .
  • Your chargeback ratio is quite low.
  • The industry that you cater to reflects a lower risk.
  • The country of your incorporation falls within a low-risk category.
Common Low Risk Industries
When you choose Merchant Stronghold for your Low risk Merchant Account you get an Affordable,Point of Sale or E-Commerce Solution with Fast approval and you can start receiving payments from almost all major cards and from Checks as well. You not only get these thing but you get a dedicated customer support and assistance for the desirable growth of your business.
Some examples of Low Risk Industries include:
  • Home Goods/Retail Shop
  • Pet Supplies
  • Movies, CD’s and Books
  • Beauty & Health
  • Office Supplies
  • Online Apparel And Many More
Contact us to talk to a payments expert. Call at the toll-free number +1(888) 622-6875 or try our 24/7- email support at info@merchantstronghold.com
About the Author:
This article was written by Merchant Stronghold, a best High-risk Merchant Account & Payment Gateway Provider, It is specialized for credit card processing & offshore merchant account in a globe, Located in Clearwater USA. Our all-in-one merchant accounts include everything that a high risk or offshore merchant’s needs to process successfully. Processing Includes debit and credit card processing, check processing (ACH), payment gateways, and chargeback management services.

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Merchant Stronghold
Joined: March 29th, 2018
Articles Posted: 31

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